Did I go against the market? Did I defy the trend? Then, what is the trend? Can you tell me the current market trend?
I observe some coins falling deep, while others skyrocket and some float calmly. Can you identify the state of the market? There is no clear trend; the market operates with constant ups and downs. Without a down, you can't appreciate an up. The market is full of pump and dump cycles; that's the truth.
If someone claims the market is in an uptrend or downtrend, ask them if they can trade with more than an 80% margin based on their trend. There is no one-sided movement; it's always a mix of green and red. We can't avoid the continuous cycles; accept the market pattern for what it is.
There are no bears, bulls, or whales; those are just names we've given. Only two things consistently happen: pump and dump. In a pump scenario, there can be a subsequent dump, and vice versa. This is the state of the market. Before trading, understand what the market truly is.
There may be seasons related to new projects, updates, or events that can impact coin values. For example, Bitcoin halving and ETF approval are events that only apply to BTC and related coins. So, there are seasons, but no clear trends; those are labels we assign.
Don't blindly believe me; take $1000, use an 80% margin if you understand the current trend, which might be a pump. This will make u understand market not only one side at anytime Consider going long for BTC, but be aware of the fear of a potential dump. Yes, that fear is valid; the market always has two sides.